Shared by
beno
Fundamentals
N/a
Catalysts / News / Painting the picture
-$10m ATM on Monday March 2 2020
-Coronavirus sympathy
-Emergent to manufacture Vaxart's experimental COVID-19 vaccine
-Jun 25 2020: Signs Memorandum of Understanding with Attwill Medical Solutions Sterilflow, LP
-Jun 26 2020: COVID-19 Vaccine Selected for the U.S. Government’s Operation Warp Speed
Technical Analysis
-SPY pattern: Consolidation
-Intraday pattern: Consolidation
-Levels: 7.8, 8.2, 8.5, 8.8
Strategy / Confluence / Sizing Guide / Risk
Strategy: First test long of 8.5 level
Confluence: Half $
Strike Zone: 8.55 - 8.45
Sizing (lots): 3
Risk (stop / Rs): Hold below 8.5
Review / Lessons Learned
Was to sketchy to get to full size after a huge move up like that, pullback is bound to be bigger...Still a nice wallet padder trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2020-07-01 10:37:17 | VXRT | buy | $8.470 | long |
| 2020-07-01 10:37:17 | VXRT | buy | $8.470 | long |
| 2020-07-01 10:37:20 | VXRT | buy | $8.470 | long |
| 2020-07-01 10:37:23 | VXRT | buy | $8.470 | long |
| 2020-07-01 10:38:53 | VXRT | sell | $8.570 | long |
| 2020-07-01 10:38:53 | VXRT | sell | $8.570 | long |
| 2020-07-01 10:40:48 | VXRT | sell | $8.570 | long |
| 2020-07-01 10:40:48 | VXRT | sell | $8.573 | 0 |
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